Impact of the Russian invasion of Ukraine
Devastating consequences are being felt mostly in Ukraine, but the reduction in commodities output is deepening worldwide food insecurity.
The rise of renewables
By 2050, the global power system will be 70% reliant on variable renewable energy sources.
6 Key Highlights from the ETO report
The current energy crisis reinforces a two-speed energy transition in the short term. By 2050, renewables’ share of the global energy mix will exceed 50%, but we are far from reaching the Paris Agreement climate target.
- Maritime
Seaborne trade outlook: the energy transition
DNV GL has developed a model to forecast future volumes of goods to be transported by sea, with a focus on crude oil, oil products, gas, bulk and containerized cargo
Hydrogen Forecast to 2050
This dedicated hydrogen forecast to 2050 provides new and expanded hydrogen findings from DNV’s Energy Transition Outlook forecast model
- Maritime
Leading the charge
Batteries are powering a new wave in ship engineering
The affordable energy transition
Our Energy Transition Outlook 2019 lays out the most likely pathways to an almost equal split between fossil and non-fossil energy sources by 2050. This transition is both affordable and under-communicated.
- Governments
Best practices for sustainability, climate action and resilience
Traditional utilities and energy providers explore new opportunities with cities to achieve environmental sustainability, energy security, resilience and economic development. Read our report to gain insight into the actions of this transition.
How Norway’s EVs have cut emissions globally
Domestic climate policies are primarily intended to reduce domestic emissions, and typically only accounted for that way. Often these policies, however, produce larger effects beyond national borders.
Energy efficiency powered by rapid electrification
High energy prices in 2022 have highlighted speed with which energy efficiency initiatives can significantly, and often permanently, ratchet down energy use and costs.
Twenty years of corporate sustainability progress – what next for businesses?
DNV's report for the UN Global Compact 'Uniting Business in the Decade of Action' looks at two decades of corporate sustainability progress, concluding that companies need to accelerate from decades of ambition to a Decade of Action.
- Utilities
Data analytics in the electricity sector
Data analytics has already changed several industries and the power sector is next. Whilst there are many positive impacts currently being realized from data analytics, with more to come, there are also challenges to be overcome.
- Oil and gas
Switching a city from natural gas to hydrogen
Could hydrogen be the solution to decarbonizing the natural gas network?
The fall of fossil fuels
The fossil slice of the primary energy pie shrinks by around one percentage point per year, going from 80% now to just below 50% in 2050
- Oil and gas
CCS needs to start with a bang, not a whimper
Realizing Carbon Capture and Storage (CCS) technologies globally
Responding to COVID-19 and energy transition - two sides of the same coin
It may seem like asking too much when advocating potent energy transition and climate action in today’s COVID-19 crisis and economic recovery mode – but that is exactly what we argue.
- Oil and gas
Wind-powered water injection
Can wind really work for oil, and vice versa? We explain the genesis of idea of wind-powered water injection for offshore fields, and how the idea has edged towards a commercial reality.
- Oil and gas
The LNG era takes shape
The implications of the world’s rapidly growing appetite for LNG, the diversification of LNG supply and demand sources, and new dynamics at play in global gas markets.
Pathway to net zero emissions
We draw on our ETO model to answer the question: “How can the world achieve 1.5°C within the bounds of techno-economic and political feasibility?”
- Power and renewables
Energy efficiency
The defining feature of the energy transition, and why global energy demand is likely to level off in the next two decades
The transition in 10 global regions
There are huge geographical variations in the energy systems and how the energy transition develops. You can drill down into 10 global regions.
The cost of the transition
The roll-out of renewables and grid build-outs will require very large upfront investment. Some therefore consider the transition to be ‘unaffordable’. Our results suggest the opposite.
The year ahead for DNV's energy forecasting
As the energy transition gathers speed, DNV’s energy forecasting services are in strong demand. Discover our main publications for 2022.
Energy Transition Outlook 2020: Your questions answered
DNV's Energy Transition Outlook 2020 was launched at a virtual event in September. Attendees had the opportunity to ask questions via the broadcast platform. The Energy Transition team has reviewed the recurring themes and answered the most frequently asked questions.
Technology Progress Report – a guide to 10 key energy transition technologies
As a supplement to DNV’s main Energy Transition Outlook, the Technology Progress Report focuses on how 10 key energy transition technologies will develop, compete, and interact in the coming five years.
Energy Transition Norway 2021
Is Norway on track to meet its energy transition targets?
How containerships win tomorrow: Size, renewable energy and digitalization
The containership segment faces an entirely new set of technological challenges: Transport more goods while using less energy ‒ and ultimately, decarbonize. Two DNV experts explain how this could be achieved.
- Power and renewables
Is peak energy coming soon?
Yes, but it depends on how you count energy
- Maritime
Alternative fuels and technologies
LNG, LPG, methanol, biofuel, hydrogen and other power-to-fuel (PtF) solutions are the most promising alternative fuels for shipping
- Power and renewables
The leading cause of energy demand peaking by 2033
The watershed moment of energy demand will peak by 2033, as forecasted by DNV, and will be born from energy use becoming more efficient on a global scale.
Pathway to Net Zero Emissions
Our Pathway report draws on the findings from our Outlook report to answer the question: “How can the world achieve 1.5°C within the bounds of techno-economic and political feasibility?”
The promise of seasonal storage
As the world’s energy system moves towards a net-zero carbon future, we need more flexible options for energy storage and production. This paper explores the need for, and viability of, seasonal storage in the power system.
- Power and renewables
Utility-scale solar PV
From big to biggest: How lowest costs will power the growth of big solar - everywhere
VIDEO: Energy Transition Outlook 2020
3 minute watch: the highlights of our annual independent forecast of the world's energy system to 2050
Energy Transition Outlook 2021
The Energy Transition Outlook is DNV’s best estimate of how the energy transition will unfold over the next 30 years, based on our independent model and real-world expertise around the world.
Energy Transition Outlook 2022
Discover DNV's latest Energy Transition Outlook, presenting the results from our independent model of the world’s energy system. It covers the period through to 2050 and forecasts the energy mix, supply and demand globally and in 10 world regions.
Tesla’s Battery Day and the energy transition
Will Tesla’s ‘Battery Day’ announcements accelerate the world's transition to sustainable energy, according to our Energy Transition Outlook to 2050?
Energy transition: The impact of the Ukraine war
As Europe struggles to build energy security in response to Russia’s invasion of Ukraine, uncertainty looms on many fronts.
Impact of COVID-19 on the energy transition
The coronavirus pandemic will have a dramatic impact on energy supply and demand in the short term and will have lasting impacts once the pandemic dissipates. However, that will in itself do little to advance the world’s progress towards the Paris climate ambitions.
- Oil and gas
Evaluating hydrogen as an energy carrier
Decarbonization driving significantly greater use of hydrogen for energy by 2050
- Oil and gas
Why is carbon capture and storage so urgent right now?
For carbon capture and storage to make a meaningful impact on the decarbonization of our energy system, it must start with a bang – not a whimper. And it must start now.
- Power and renewables
Wind energy – going offshore
Wind power has significantly grown in the last two years, particularly in Europe and North America. For the future of offshore wind, we expect strengthened support bypassing community opposition, and a fast uptake of offshore wind in new regions where this technology is yet unexploited.
Energy Transition Norway 2020
How far has Norway come in transitioning to a greener energy future?
The Ukraine war will not derail Europe’s energy transition
Europe’s energy transition will be accelerated – with less fossil fuels in the energy mix and lower greenhouse gas emissions – because of its pivot away from Russian gas.
Watch: DNV's forecasted timeline of the energy transition through to 2050
Follow the peaks and milestones of the energy transition across industries in this animated timeline.
Financing the energy transition
The remaining carbon budget for a 1.5ºC future is withering away. Already by 2029, DNV forecasts this budget will be exhausted. The energy transition must accelerate significantly to avoid the worst impacts of climate change.